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Complaint against Fullerton india bank -Bangalore

This is a discussion on Complaint against Fullerton india bank -Bangalore within the Personal Loan forums, part of the Loan category; Dear sir, my self satheesh nair, had taken a Personal loan from Fuller ton india bank for rupees 60,000/- (sixty ...

  1. #1
    satheesh nair is offline Junior Member
    Join Date
    Jan 2012
    Posts
    1

    Exclamation Complaint against Fullerton india bank -Bangalore

    Dear sir,
    my self satheesh nair, had taken a Personal loan from Fuller ton india bank for rupees 60,000/- (sixty thousand only). against the interest 27% . the bank told me that they will be deducting the EMi through my icici account which i had given them all needed signatures and athourisation.

    its been 7 months now till date they havent deducted the money from the bank thourgh ECS facility. evrymonth they are forcing to make payment by cahs through there collection agent. i have been asking the fullerton officials to get the Emi done through ECS they said they are facing some issue and are not able to dedcut it through bank . i am not convince with this reply of them. the collection manager Venkat kumar is not even letting me speak to his manager and instead he is forcing me to make all the paymetn by hand.

    Please advise if i have undergone any forgery by bank by this kind of transaction . when i took loan i had very little knowledge of money laundering laws. there is no transparency in transaction of this bank . I have save all the calls which i have made to the bank officials.


    thanks
    satheesh nair

  2. #2
    Join Date
    Aug 2011
    Posts
    78

    Default

    the problem is simple. ECS not activated. pay to collection guy for what. Pay to FULLERTON directly by cheque.

    if you pay cash - you will accumulate delayed fee also. This will be problematic as your credit rating will show poor performance.

    for advice write to : alliedlawindia@yahoo.com

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